REG - Power Metal Res. - Results of Annual General Meeting

Power Metal ResourcesAnnouncement

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RNS Number : 6573S  Power Metal Resources PLC  25 July 2025

25 July 2025

Power Metal Resources PLC

("Power Metal" or the "Company")

Results of Annual General Meeting

Power Metal Resources PLC (AIM:POW), the London-listed exploration company
with a global project portfolio, announces the results of its Annual General
Meeting held today.

All 7 resolutions put to members were passed on a poll. Resolutions 1 to 5
were passed as ordinary resolutions and resolutions 6 and 7 were passed as
special resolutions.

The results of the poll (including proxy votes) are outlined in the table
below.

 Resolution                                                                 Votes for   Votes against
 Resolution 1 (Ordinary)                                                    21,655,130  31,004

 To receive the report and accounts for the year ended 31 December 2024
 Resolution 2 (Ordinary)                                                    21,483,179  200,955

 To re-appoint PKF Littlejohn LLP as auditor of the Company
 Resolution 3 (Ordinary)                                                    21,486,111  120,857

 To authorise the Directors to determine fees payable to the auditor
 Resolution 4 (Ordinary)                                                    21,478,960  206,674

 To re-appoint Edmund Charles Frederick Shaw as a director of the Company
 Resolution 5 (Ordinary)                                                    20,653,101  1,024,018

 To authorise the directors to allot relevant securities
 Resolution 6 (Special)                                                     19,030,120  2,376,954

 To dis-apply pre-emption rights
 Resolution 7 (Special)                                                     21,498,639  178,480

 To resolve that the Company be and is unconditionally authorised to make
 market purchases

 

As at 25 July 2025, there were 115,610,437 ordinary shares in issue.
Shareholders are entitled to one vote per share.

The full text of each resolution is available in the Notice of Annual General
Meeting, published on the Company's website.

For further information please visit https://www.powermetalresources.com/
(https://www.powermetalresources.com/)  or contact:

 Power Metal Resources plc
 Sean Wade (Chief Executive Officer)                      +44 (0) 20 3778 1396

 SP Angel Corporate Finance LLP (Nomad and Joint Broker)
 Ewan Leggat/Jen Clarke                                   +44 (0) 20 3470 0470

 Tamesis Partners LLP (Joint Broker)
 Richard Greenfield/Charlie Bendon                        +44 (0) 20 3882 2868

 BlytheRay (PR Advisors)
 Tim Blythe/Alastair Roberts                              +44 (0) 20 7138 3204
                                                          powermetalresources@blytheray.com

NOTES TO EDITORS

Power Metal Resources plc (AIM: POW, OTCQB: POWMF) is a London-listed metals
exploration company which finances and manages global resource projects and is
seeking large scale metal discoveries

The Company has a principal focus on opportunities offering district scale
potential across a global portfolio including precious, base and strategic
metal exploration in North America, Africa, Saudi
Arabia, Oman and Australia.

Project interests range from early-stage greenfield exploration to later-stage
prospects currently subject to drill programmes.

Power Metal will develop projects internally or through strategic joint
ventures until a project becomes ready for disposal through outright sale or
separate listing on a recognised stock exchange thereby crystallising the
value generated from our internal exploration and development work.

Value generated through disposals will be deployed internally to drive the
Company's growth or may be returned to shareholders through share buy backs,
dividends or in-specie distributions of assets.

 

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